National Research Corporation (NRC) has notified that the company has signed a definitive merger agreement with My InnerView Inc. (MIV) to acquire the latter for undisclosed amount.

My InnerView, founded in 2001, is a privately-held leading provider of quality and performance improvement solutions, which works with over 8,000 senior care providers throughout the United States.

The company, based in Wausau, Wisconsin, has clients in all 50 states and the District of Columbia, and has 19 of the top 20 largest nursing home companies as clients.

A company official stated that My InnerView, Inc. will remain a Wausau, Wisconsin-based organization with its current associates joining the NRC family. In addition, Neil Gulsvig will remain president of the organization and co-founder Janice Gulsvig will continue as chief operating officer.

National Research Corporation, headquartered in Lincoln, Nebraska, is a leading provider of performance measurement, improvement services and governance education to the healthcare industry in the United States and Canada.

However, the completion of the acquisition, expected to close by year end, is subject to certain conditions, including approval by My InnerView's shareholders. 
Shares of the company gained $2, or 8%, to settle at $27. The total volume of shares traded was 3.72 million at the Nasdaq exchange. (Wednesday)